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chrishlcfc

Tax Rebate

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Posted

I've just got a tax rebate cheque from the inland revenue for £274.40 which I'm delighted about, but i'm worried as i'm on a zero hours contract and when I've been off for a week or two which I am sometimes I have been getting small amounts of tax repaid to me on a weekly basis, on my latest payslip it says that the tax paid to date now stands at zero as I have received all the tax back that I have paid but as I stated I have received a cheque for the above sum, should I just go and cash it in, I'm worried that I could have to pay this back next year when I may be struggling for work.

 

 

what do people reckon I should do contact the inland revenue or just cash it in?

Posted

I once got a tax rebate for near on 3k. Contacted the agency who I was employed with and the staff there said it was mine and I was free to spend it. Obviously I spuffed the lot. 6 months later HMRC start chasing me for their money back. I got into a disputed with them and won. All because I had an email from the agency saying I was free to spend it. So really, get it in writing you can spend it and then do exactly that

Posted

I've just got a tax rebate cheque from the inland revenue for £274.40 which I'm delighted about, but i'm worried as i'm on a zero hours contract and when I've been off for a week or two which I am sometimes I have been getting small amounts of tax repaid to me on a weekly basis, on my latest payslip it says that the tax paid to date now stands at zero as I have received all the tax back that I have paid but as I stated I have received a cheque for the above sum, should I just go and cash it in, I'm worried that I could have to pay this back next year when I may be struggling for work.

 

 

what do people reckon I should do contact the inland revenue or just cash it in?

 

The letter you received from HMRC should state what tax year it relates to.

 

Should it be 2013/14, bank it and spend it.

Posted

i just had to get mine sorted.

turns out ive underpaid this year, overpaid last year, underpaid the year before and overpaid the year before.

so they cleared what i owed and sent me a cheque for £42.

will go towards the glasto ticket at least.

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